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483 1ST AVENUE EAST North Bay
  • 483 1ST AVENUE EAST North Bay
  • 483 1ST AVENUE EAST North Bay
  • 483 1ST AVENUE EAST North Bay
  • 483 1ST AVENUE EAST North Bay
  • 483 1ST AVENUE EAST North Bay
  • 483 1ST AVENUE EAST North Bay

483 1ST AVENUE EAST, North Bay, Ontario

$425,000

  • 9 Beds
  • 5 Baths
  • 2,608 Square Feet

This cash flowing 4plex provides a ton of upside to add to your investment portfolio. Though it is cash flowing as-is, the rents are under market and can be increased with tenant turnover and strategic renovations. Currently, the rents are all inclusive but there are separate meters which gives you the opportunity to lower your expenses as well. In the basement you'll find a 1 bedroom rented for $735.44, the main floor 3 bedroom is renting for 838.04 while the 2nd and 3rd floors are rented by the room totalling $2504.55 and the back bachelor is bringing in $703.92 for a current annual income of $57,383.40. ($4,781.95/mo). (id:23309)

  • Listing ID: 40639362
  • Property Type: Multi-family
  • Year Built: 1920
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Details

  • Amenities Nearby: Public Transit
  • Community Features: School Bus
  • Equipment: Other, Water Heater
  • Ownership: Freehold
  • Parking Spaces: 3
  • Rental Equipment: Other, Water Heater
  • Transaction: For sale
  • Zoning Description: Multiplex

Building

  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Constructed Date: 1920
  • Cooling: Wall unit
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Bathrooms (Total): 5
  • Heating Fuel: Natural gas
  • Size Interior: 2608 sqft
  • Stories Total: 2.5
  • Type: Fourplex
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit
  • Sewer: Municipal sewage system
  • Size Frontage: 35 ft
MLS®

Listing provided by Chase Realty Inc., Brokerage
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 483 1ST AVENUE EAST in North Bay Ontario. It was last modified on August 30th, 2024. Contact Heather Buchanan Curren to schedule a viewing or to discover other North Bay real estate for sale.

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